[Hojczyk]

http://www.ijreview.com/2014/08/168770-man-struggling-pay-bills-shock-family-heirlooms-auction-price-changes-life-forever/

Watch the video

[FlingWingFlyer]

Navajo rugs don’t come cheap these days.

[Farmer Dean]

1.5 million for a blanket.Not bad.

[econjack]

Nice to see someone who appears to be a good guy come out on top!

[DoughtyOne]

Wow. What a great story there...

[clarissaexplainsitall]

This brought tears to my eyes! So glad for this couple.

[W.Lee]

Thanks...I needed that.

[QBFimi]

Let’s now hope that “BIG” L T will use some of the money at a weight loss clinic.

I was a prime candidate for a knee replacement when my doctor - a good friend - said “Loose some damn weight and see what happens.” I went from 212 to 190 - that’s been 8 years ago; the knee is fine.

[freebilly]

There’s something in my damn eye....

[Freedom_Is_Not_Free]

Nice. I still wonder what he keeps.

If the auction house keeps 30% then that is $450,000 for them.

So the seller gets the remaining $1,050,000.

What is the tax on this. Is it capitol gains of 25% or is it income tax for Fed and State?

Sounds like he keeps $600,000 to $750,000 which is still a huge windfall for a poor man buried in debt, but not $1.5 million in his pocket.

This is the beauty of auctions. Items you can’t price will price themselves. If they tried to sell it for $250,000 it would have gone immediately and they would never have known how much more it was worth and gotten much more, even after fees and taxes.

[Joe 6-pack]

Definite feel good story!!! Thanks for posting!

[GeronL]

That is a great story to encourage the hoarders in all of us

[Jagdgewehr]

I have an old Navajo saddle blanket that is supposedly from the 1890's. It appraised at $2,000.00. I guess I better hang onto it a little while longer.

Great story, though.

[DJ MacWoW]

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[Lazamataz]

I have a blanket I got at Walmart three years ago. A genuine NAUTICA-brand blanket with synthetic filling, the color is white (well, KINDA white, now).

Do I hear 50,000?

[maine-iac7]

Couldn’t help but tear up for h im as the price kept going up -

Seems like a nice guy - happy for him.

HOWEVER, that said - I can’t help but wonder - income all from disability? Because he lost one foot - gets around good on a prosthetic. He can surely drive, walk and has 2 good hands and no head injuries.

I think of what Charles Krauthammer achieved after an accident in college left him paralyzed from the neck down and even needs an apparatus to help with breathing.

A doctor of psychiatry, author, commentator - Many who watch him on TV don’t even realize how crippled he is.
Imagine his struggle every single hour of every day.

Sorry, I see no reason why this man can’t work to supplement his disability check.

[Leaning Right]

Thanks for posting this. It’s nice to read a happy story now and then.

[Bon of Babble]

Great story!! Watched the entire video.

I’m curious - of the 1.5 million, how much does the seller get after everyone else has been paid (auction house, etc.)?

[Utah Binger]

Wonder what this one is worth?

[jch10]

What a heartwarming story. Thanks for sharing.